other material
confidence high
sentiment neutral
materiality 0.65
UroGen settles patent litigation with Teva over Jelmyto; generic entry Sept 15, 2030
UroGen Pharma Ltd.
- Settlement resolves patent litigation regarding Teva's generic version of Jelmyto (mitomycin) for pyelocalyceal solution.
- Teva granted non-exclusive license to sell generic Jelmyto starting September 15, 2030, if FDA approved.
- All ongoing patent litigation between the parties in U.S. District Court for Delaware will be terminated.
- Agreement is subject to review by U.S. Federal Trade Commission and U.S. Department of Justice.